Overview
What is South End Improvement Corporation?
The South End Improvement Corporation, situated in Albany, New York, serves as stewards of its neighborhood. Their primary mission revolves around preserving and developing housing in the South End, aiming to foster a diverse, lively, and inclusive community. The organization ensures equal access to services and quality housing for all residents within its scope. With a modest workforce of three individuals, South End Improvement Corporation works tirelessly to promote housing stability and community development in the area.
Official website here: www.seicny.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 82%, Three-Star out of Four Star rating.
The South End Improvement Corporation has earned a commendable score of 82%, reflecting a solid commitment to accountability and finance. The rating is derived solely from its accountability and finance score, showcasing a strong emphasis on transparent operations and responsible financial management.
The organization boasts a fully independent board, with all 10 members meeting the criteria for independence. Additionally, it has demonstrated strong policies in place, including conflict of interest, whistleblower, and document retention policies, all of which contribute positively to its governance. The program expense ratio is impressive at 86.77%, indicating that a significant portion of its funds is directed towards its programs rather than administrative costs.
While the organization shows significant strengths, it is essential for potential donors and supporters to consider how these factors align with their personal values and expectations of nonprofit engagement. The overall rating suggests a well-managed organization, yet individuals may want to explore specific program outcomes and impact metrics for a more comprehensive understanding.
This AI summary has been generated from information found on Charity Navigator.
Is South End Improvement Corporation legitimate?
South End Improvement Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. South End Improvement Corporation submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $63,154
Professional Fundraising Fees: $0
Other Salaries and Wages: $88,325
For more financial information, click here
Official website here: www.seicny.org
What is the mission statement of South End Improvement Corporation?
The South End Improvement Corporation, serving as stewards, focuses on promoting neighborhood housing through preservation and development. Their mission is deeply rooted in fostering a diverse, vibrant, and inclusive community. By doing so, they aim to ensure that residents have equal access to essential services and high-quality housing. The organization works towards this goal by preserving existing properties and developing new ones, thereby contributing to the overall well-being and livability of the community.
Official website here: www.seicny.org
Who is the CEO of South End Improvement Corporation?
Laura Travison is the President of South End Improvement Corporation.
Official website here: www.seicny.org
What is the revenue of South End Improvement Corporation?
South End Improvement Corporation's revenue in 2022 was $185,111.
Official website here: www.seicny.org
Who are the executives of South End Improvement Corporation and what are their salaries?
The average compensation at South End Improvement Corporation during 2022 was $50,493. There are 3 employees and 5 volunteers at South End Improvement Corporation.
Here are 6 key members and their salaries:
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- Compensation: $59,999
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- Other: $0
Official website here: www.seicny.org
Where can I find the form 990 for South End Improvement Corporation?
South End Improvement Corporation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.seicny.org
Learn more at the official website: www.seicny.org
Mission Statement of South End Improvement Corporation
South End Improvement Corporation, serving as stewards of their community, promote neighborhood housing through preservation and development. Their mission is rooted in the belief that every resident deserves equal access to services and quality housing. With a vision for a diverse, vibrant, and inclusive community, South End Improvement Corporation works tirelessly to enhance the living conditions in their area. Their efforts aim to preserve existing homes and develop new ones, ensuring that the neighborhood remains a thriving and welcoming place for all its residents.
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Impact
October, 2024
The South End Improvement Corporation plays a vital role in enhancing the quality of life in Albany's South End by promoting neighborhood housing through preservation and development. Their efforts focus on creating a diverse, vibrant, and inclusive community where all residents have equal access to services and quality housing. By actively engaging in housing initiatives, they ensure that the area's heritage and community character are preserved while also fostering development that meets the needs of current and future residents. This stewardship not only supports individual households but also contributes to the overall revitalization of the South End, creating a welcoming neighborhood that encourages community involvement and strengthens social ties among residents.
This information is meant to be a general summary of South End Improvement Corporation. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Program Service Revenue: $59,952
- Gross Receipts: $185,111
Assets and Liabilities:
- Total Assets: $195,614
- Total Liabilities: $365,927
- Net Assets: -$170,313
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
HOUSING RENTAL PROGRAM
Revenue
$40,139
OTHER REVENUE
Revenue
$19,813
Organization Details
Founding Year
1979
Phone
(518) 436-8777Principal Officer
Laura Travison
Main Address
38 CATHERINE STREET, ALBANY, NY, 12202
Website
www.seicny.orgNTEE Category
Code: S20Z - Community improvement
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